Sunday, August 4, 2013

Portion-Size Label Influences Ingestion Intake

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The mayor of New York famously tried to ban super-sized sodas. But instead of legislating a drink?s volume, maybe we should change its name. Because a new study shows that the words we use to describe portion size affect how much we actually consume. The findings are in the journal Health Economics. [David R. Just And Brian Wansink, One Man's Tall Is Another Man's Small: How The Framing Of Portion Size Influences Food Choice] As portion sizes at many restaurants grow larger, so do our waistlines. Of course, no one says we have to finish that three-quarter pound burger or chug an entire Big Gulp. But what determines when we lay down the fork and push away from the table? To find out, researchers led by Brian Wansink of the Cornell Food and Brand Lab served up some spaghetti. Some volunteers received a portion labeled ?regular,? others got a dish described as ?double size.? Although both plates contained the same amount of pasta, people ate more when they thought their serving size was normal. Participants who thought they?d gotten the piggy-sized portion left 10 times more food on their plates. So if a big beverage were called, say, Double the Size of your Stomach, maybe we?d think twice about draining every last drop. ?Karen Hopkin [The above text is a transcript of this podcast]
? Follow Scientific American on Twitter @SciAm and @SciamBlogs. Visit ScientificAmerican.com for the latest in science, health and technology news.
? 2013 ScientificAmerican.com. All rights reserved.

Source: http://news.yahoo.com/portion-size-label-influences-ingestion-intake-134008074.html

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India eases investment rules to attract global retailing giants

New Delhi: India eased requirements for foreign retailers to invest in local supermarkets to lure global chains such as Wal-Mart Stores and Tesco to open stores in Asia's third-biggest economy.

Rules covering sourcing, infrastructure investment and store location have been amended, Commerce Minister Anand Sharma told reporters in New Delhi on Thursday night. The cabinet also approved proposals to amend foreign direct investment rules for a range of businesses including commodity exchanges, he said.

The government is loosening rules to attract overseas investors to stem a ballooning current-account deficit and a weakening rupee. While the nation changed laws in September to allow foreign retailers to own majority stakes in stores selling multiple brands, no companies have sought such licenses yet.

"The government is showing really positive intentions," Kumar Rajagopalan, chief executive officer of lobby group Retailers Association of India, said in an interview on Bloomberg TV India. "The state governments now have to go forward and invite the companies to come and invest."

Wal-Mart, the world's largest retailer, and other foreign chains already have some wholesale operations in the country. Bentonville, Arkansas-based Wal-Mart is studying India's revisions and remains "optimistic" about the opportunity, Arti Singh, a spokeswoman for Wal-Mart's Indian unit, said in an e- mailed statement. A Tesco spokesman said the company welcomed the proposed changes in the policy and is in the process of reviewing the conditions.

Heavy debt
Debt-heavy domestic retailers like Future Retail could be one of the "key beneficiaries" of these policies, as it would make it easier for them to seek overseas partners to trim their borrowings, said Dhvani Modi, an analyst at brokerage ICICI Direct. Future, which runs the Big Bazaar grocery chain, climbed as much as 14.7 per cent to Rs84.5, headed for the biggest gain since April 17. Apparel retailer Shoppers Stop advanced as much as four per cent before dropping 1.35 per cent to Rs355.15 as of 3.08pm.

Farmers' groups
Minister Sharma said foreign investment up to 49 per cent will be now allowed under the automatic route in sectors including petroleum and natural gas, commodity and power exchanges as well as in stock exchanges. In defense, the government will consider proposals of more than 26 per cent FDI on a "case to case" basis.

The government also amended a rule intended to help small industries supply to the big chains. Retailers were earlier required to source 30 per cent of their manufactured products from small- and mid-sized local firms, which were defined as companies with less than $1 million invested in factories and machinery.

The new rules allow sourcing from companies with investments of up to $2 million, broadening the supply base for retailers. Products from agricultural cooperatives and farmers groups would also be considered under this requirement, according to an e-mailed statement from the government. Allowing farmers groups in this category "is a huge deal as it includes all dairy products and fresh produce," Modi said. "This will make it very easy for retailers to meet the requirement."

Source: http://www.timesofoman.com/News/Article-20597.aspx

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3 teens charged in death of Minnesota woman, 79 (Providence Journal)

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London: Twitter apologises but campaigner says wants more action

The British arm of Twitter apologised on Saturday to a group of high-profile women who have been threatened with death and rape on the micro-blogging site, and announced measures to make it easier for users to report abusive tweets.

Twitter had come under increasing pressure to react after a feminist campaigner, several women members of parliament and female journalists were targeted by users who hurled misogynistic abuse at them and in some cases made violent threats.

"I personally apologise to the women who have experienced abuse on Twitter and for what they have gone through," Tony Wang, general manager of Twitter UK, said on his own Twitter feed.

"The abuse they've received is simply not acceptable. It's not acceptable in the real world, and it's not acceptable on Twitter," he said.

Twitter UK said it was adding staff to help handle abuse reports. It also said an in-tweet "report abuse" button currently available on the Twitter app for iPhones would be added to the Twitter website and to platforms used on other mobile devices.

The problem of abuse by so-called internet "trolls" has been front-page news in Britain since activist Caroline Criado-Perez was hit by a barrage of vitriolic tweets after successfully campaigning for a woman's face to appear on bank notes.

In recognition of her role, Criado-Perez appeared alongside Bank of England Governor Mark Carney on July 24, when he announced 19th century novelist Jane Austen would become the face of the new 10-pound note.

Police arrested two men over rape threats against Criado-Perez. One of them was also suspected of making rape threats against opposition Labour legislator Stella Creasy, who backed the bank note campaign and also appeared with Carney on July 24.

In separate incidents days later, several high-profile female journalists received tweets from someone threatening to bomb their homes and "destroy everything" there.

... contd.

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Source: http://www.indianexpress.com/news/london-twitter-apologises-but-campaigner-says-wants-more-action/1150768/

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Saturday, August 3, 2013

Rio organizers may need $700 million in govt money

RIO DE JANEIRO (AP) ? Olympic organizers say they may have to use $700 million in government money to meet the operating budget for the 2016 Rio de Janeiro Games.

Leo Gryner, chief operating officer of the organizing committee, said Friday that as conditions now stand "we need this $700 million."

Gryner told The Associated Press earlier this week the operating budget could be as much as $4 billion. The original budget estimate of $2.8 billion was submitted before Rio won the games in 2009.

The operating budget is used to run the games and is separate from the capital budget, a mix of private and public money used to build needed infrastructure.

Gryner says any shortfall was caused by inflation and Brazil's slowing economy.

Source: http://news.yahoo.com/rio-organizers-may-700-million-govt-money-212222165.html

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Friday, August 2, 2013

Facebook Finally Closes Above IPO Price

Facebook Finally Closes Above IPO Price

If you bought Facebook stock during the company's IPO (and held on to it), you just finally broke even. eek!

It took more than 14 months, but Facebook has finally bounced back from a disastrous public offering. Friday, the social network's shares closed above its offering price of $38 for only the second time in history. Facebook finished an especially fortuitous week of trading at $38.05. The last time the company's shares closed higher than $38 was on May 18, its very first day of trading.

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Source: http://www.hardocp.com/news/2013/08/02/facebook_finally_closes_above_ipo_price/

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